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YIELD TECHS: Still Bearish Below........>

US TSYS/10Y
US TSYS/10Y: YIELD TECHS: Still Bearish Below 2.80%
*RES 5: 2.9468 200-dma 
*RES 4: 2.9003 50% 3.2594-2.5412 
*RES 3: 2.8000 Pivot 
*RES 1: 2.7743 21-dma
*PRICE: 2.6888 @ 06:38 GMT, Jan 8 
*SUP 1: 2.5412 Jan 4 low 
*SUP 2: 2.5206 Jan 16 2018 low 
*SUP 3: 2.4900 61.8% 2.0144-3.2594 
*SUP 4: 2.4145 Jan 2 2018 low 
US 10-year yields have enjoyed a strong bounce off the Jan 4 lows but the bigger
picture trend remains bearish below the 2.80 level. A break below 2.5412 opens
the Jan 16 low at 2.5206, ahead of the 61.8% retracement level at 2.4900. Bulls
need to clear 21-dma at 2.7743 to open a run at the key 2.80 area.

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